HC Wainwright & Co. Maintains Buy on Balchem, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Raghuram Selvaraju has maintained a Buy rating on Balchem Corporation (NASDAQ:BCPC) and increased the price target from $167 to $170.
May 06, 2024 | 10:29 am
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POSITIVE IMPACT
Balchem Corporation's Buy rating is maintained by HC Wainwright & Co., with the price target raised from $167 to $170.
The increase in price target by a reputable analyst firm like HC Wainwright & Co. typically signals a positive outlook on the company's future performance, potentially leading to increased investor confidence and a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100